Local News

‘Saudi youth support major investment in renewables’

  ABU DHABI / Emirates Business Ambitious plans set out by the Kingdom of Saudi Arabia for the deployment of renewable energy are strongly aligned with the hopes and ambitions of the country’s young people, according to global research commissioned by Masdar, Abu Dhabi’s renewable energy company. The Masdar Gen Z Global Sustainability Survey, which spoke to around 5,000 youth aged ...

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UAE key player in shaping future through innovation

  DUBAI / WAM The UAE is an active key player in shaping the future through accelerators, innovation and adoption of scientific and modern technologies, said Saeed Mohammed Al Tayer, CEO and Managing Director of Dubai Electricity and Water Authority, DEWA. “The UAE’s leaders give high priority to efforts to anticipate and shape the future,” he said in his keynote ...

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Gulf Navigation Holding-SeaQuest tie-up to create new joint venture

  DUBAI / WAM Dubai-based Gulf Ship Management, a wholly owned subsidiary of Gulf Navigation Holding, announced a recent tie up with Switzerland’s SeaQuest Group to set up a ship management joint venture and expand operations in the region. A new company will be created under a partnership agreement signed recently. It will be affiliated and owned by Gulf Navigation ...

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MoF holds meeting of Financial Policy Coordination Council

  DUBAI / WAM The Ministry of Finance (MoF) organised third and final meeting of Government Financial Policy Coordination Council for 2016 on its premises in Dubai. Speaking on the occasion, Al Khoori said, “Since its establishment in 2008, the council achieved important accomplishments in the coordination of financial policy, identifying projects funding mechanisms and discussing sovereign credit ratings for ...

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Sharjah signs agreement to boost tourism in emirate

  SHARJAH / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA) signed an MoU with the Directorate of Town Planning and Survey in Sharjah. The agreement was signed by Khalid Jasim Al Midfa, Chairman of SCTDA, and Salah bin Butti Al Muhairi, Head of the Directorate of Town Planning and Survey, in an effort to bolster cooperation between governmental, ...

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Dubai Customs launches new enhancements at DXB

  Dubai / WAM Ahmed Mahboob Musabih, Director of Dubai Customs, has launched new expansions at passenger Operations Department at Dubai International Airport – Terminal 2. They included development of the CCTV room and the Baggage Handling System (BHS) room, plus revamping the staff lounge. The new development included enhancements to the CCTV room which helps Dubai Customs’ officers analyse luggage ...

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ADFD evaluates Morocco’s newly proposed projects

  Abu Dhabi / WAM A delegation from the Abu Dhabi Fund for Development (ADFD) a national organisation owned by the Abu Dhabi government, is studying and assessing new development projects proposed by the Moroccan government, the fund said on Tuesday. “The proposed initiatives of the Moroccan government will contribute to driving socio-economic growth across all key sectors and create new ...

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MOCCE launches campaign to conserve wildlife

  Abu Dhabi / WAM The Ministry of Climate Change and Environment (MOCCE) launched the ‘Beautiful in the Wild’ campaign for the third consecutive year in partnership with the United for Wildlife Organisation. The initiative aims to raise awareness among UAE visitors and residents about the significance of protection of endangered species to ensure biodiversity at local and international levels. Partners of ...

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Purchase an apartment and drive away a BMW at DSF

  Dubai / Emirates Business This Dubai Shopping Festival, DAMAC Properties is offering a brand new BMW or another luxury car — guaranteed with the purchase of a luxury apartment starting from AED599,000. Niall McLoughlin, Senior Vice President, DAMAC Properties said: “We’re pleased to offer investors a unique opportunity to experience the pleasure of luxury with DAMAC and drive away ...

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